Calgary Real Estate Market Update: October 2015 Statistics According to the statistics from Calgary Real Estate Board average detached home prices in Calgary dropped by 7.3% to $518,956 in October. While attached home prices dropped by 6.9% to $391,603 and apartment prices dropped by 1.5% to $318,210. Uncertainties in economy is causing real estate prices…

Earlier this year Calgary Real Estate Board (CREB) released its mid-year forecast update that indicated the Calgary regional resale housing market is in for a turbulent ride over second half of the year. Here are five points from the Mid-Year Real Estate Forecast: 1- Not just a drop in the bucket: CREB, citing a number…

Calgary Real Estate Mid-Year Update It was a turbulent first half of the year for Calgary’s regional housing market. Low energy prices impacted 30,000 consumer confidence early in the year, causing a significant pullback in sales and a sharp rise in supply levels. As we moved into the second quarter, there 20,000 was some calming in the housing market. This change…